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Indian Bank · Satna

IDIB000M571: Indian Bank, Majhgawan

IFSC code IDIB000M571 belongs to the Majhgawan branch of Indian Bank in Satna, Madhya Pradesh. Its MICR code is 485019008.

IFSC
IDIB000M571
MICR
485019008
Bank
Indian Bank
Branch
Majhgawan
District
Satna
State
Madhya Pradesh
Phone
+919644885904

Branch address

Indian Bank
Vill PO Majhgawan Majhgawan Majhgawan Majhgawan PIN 485331

Open in a map · Pincode 485331: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IDIB is Indian Bank's bank code, the fifth character 0 is kept for future use, and 00M571 is the code of the Majhgawan branch. In the MICR code 485019008, 485 is the city, 019 the bank and 008 the branch.

Other Indian Bank branches in Satna

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Bank's Majhgawan branch (Satna, Madhya Pradesh) is IDIB000M571.

  2. 485019008. MICR is printed at the bottom of the branch's cheques.

  3. Vill PO Majhgawan Majhgawan Majhgawan Majhgawan PIN 485331

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M571 with the beneficiary's account number.

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